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35 Clara Street, South Yarra, VIC 3141

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35 Clara Street, South Yarra, VIC 3141

35 Clara Street, South Yarra, VIC 3141

Properties / Sold / Victoria / South Yarra
Development Potential

1. Property Summary

Property Type
Residential
Land Area
651 m² (*approx)
Selling Method
Auction: Thursday 1 July at 12.30pm (AEST)
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2. Property Highlights

A ONE-OF-A-KIND CORNER INVESTMENT/DEVELOPMENT OPPORTUNITY
  • Whole Block of 12 Large Apartments
  • Strategic Redevelopment Opportunity
  • A Proven Residential/Lifestyle Location

JLL Capital Markets is delighted to offer for sale this trophy investment/development opportunity situated within one of Melbourne’s premier residential suburbs at 35 Clara Street, South Yarra.

Key details of the opportunity include:

·         A whole block of 12 oversized one-bedroom apartments with opportunity for passive holding, refurbishment or redevelopment

·         Potential to secure $200,748* per annum of income with South Yarra being one of Melbourne’s most hotly contested rental markets

·         Commanding corner site of 651sqm* with frontages to Clara Street, Oxford Street and Oxford Lane

·         Significant redevelopment potential that is suitable for numerous residential options (STCA)

·         Strategically located within an affluent and established residential pocket, accessible via Chapel Street and Toorak Road which boast an extraordinary selection of shopping, café and culinary options

·         Excellent transport linkages including tram services along Toorak Road and Chapel Street and the South Yarra Train Station and Hawksburn Train Station within close proximity.

·         South Yarra is an incredibly buoyant residential suburb that has experienced significant uplift in value, reflected by the strong median house price of $2,295,000 being 1.3 times higher than the metropolitan Melbourne average

For Sale via On-Site Public Auction on Thursday 1 July at 12.30pm (AEST). 

 

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Josh Rutman | 0411 27 37 46

Tim Carr | 0415 767 915

Mingxuan Li  李名 轩  | 0498 688 998

*Approx

·         Whole Block of 12 Large Apartments

·         Strategic Redevelopment Opportunity

·         A Proven Residential/Lifestyle Location

Remember to mention you found this property on DevelopmentReady

Read More

1. Property Summary

Property Type
Residential
Land Area
651 m² (*approx)
Selling method
Auction: Thursday 1 July at 12.30pm (AEST)

2. Property Highlights

A ONE-OF-A-KIND CORNER INVESTMENT/DEVELOPMENT OPPORTUNITY
  • Whole Block of 12 Large Apartments
  • Strategic Redevelopment Opportunity
  • A Proven Residential/Lifestyle Location

JLL Capital Markets is delighted to offer for sale this trophy investment/development opportunity situated within one of Melbourne’s premier residential suburbs at 35 Clara Street, South Yarra.

Key details of the opportunity include:

·         A whole block of 12 oversized one-bedroom apartments with opportunity for passive holding, refurbishment or redevelopment

·         Potential to secure $200,748* per annum of income with South Yarra being one of Melbourne’s most hotly contested rental markets

·         Commanding corner site of 651sqm* with frontages to Clara Street, Oxford Street and Oxford Lane

·         Significant redevelopment potential that is suitable for numerous residential options (STCA)

·         Strategically located within an affluent and established residential pocket, accessible via Chapel Street and Toorak Road which boast an extraordinary selection of shopping, café and culinary options

·         Excellent transport linkages including tram services along Toorak Road and Chapel Street and the South Yarra Train Station and Hawksburn Train Station within close proximity.

·         South Yarra is an incredibly buoyant residential suburb that has experienced significant uplift in value, reflected by the strong median house price of $2,295,000 being 1.3 times higher than the metropolitan Melbourne average

For Sale via On-Site Public Auction on Thursday 1 July at 12.30pm (AEST). 

 

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Josh Rutman | 0411 27 37 46

Tim Carr | 0415 767 915

Mingxuan Li  李名 轩  | 0498 688 998

*Approx

·         Whole Block of 12 Large Apartments

·         Strategic Redevelopment Opportunity

·         A Proven Residential/Lifestyle Location

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

3. Property Location

35 Clara Street, South Yarra, VIC 3141

Property Map

4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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